Devils get compensation pick for losing Lamoriello

The Devils will receive a third-round compensation pick from the Maple Leafs in exchange for Toronto hiring Lou Lamoriello as the team’s GM, Tom Gulitti of The Record reports (July 23).

Lamoriello, who stepped down as Devils GM in May, resigned from his position as president of the Devils on Thursday to become the 16th GM in the history of the Maple Leafs.

The Devils regain a 2016 third-round selection, which they had previously lost when they hired John Hynes as head coach, compensating the Penguins with that pick.

Jan 8, 2010; Newark, NJ, USA; New Jersey Devils CEO, president, and general manager Lou Lamoriello speaks at a press conference following the game against the Tampa Bay Lightning at the Prudential Center. The game was postponed with 9:12 left in the 2nd due to a lighting problem with the Lightning leading 3-0.  Mandatory Credit: Ed Mulholland-USA TODAY Sports

Lamoriello leaves Devils, becomes Maple Leafs’ GM

President Lou Lamoriello has resigned from his position with the Devils and has become the GM of the Toronto Maple Leafs, the teams announced Thursday morning (July 23).

The deal Lamoriello signed with Toronto will be for three years (July 23).

While being introduced in Toronto, Lamoriello said that recent changes and things he wasn’t allowed to do financially with the Devils made him think about making a transition (July 23).

Lamoriello had spent the past 28 years with the Devils, which included three Stanley Cup titles and five Eastern Conference championships. He was inducted into the Hockey Hall of Fame in 2009 for his efforts in the front office.

This past season, he served as an interim co-coach along with Adam Oates and Scott Stevens.

Earlier in May, Lamoriello stepped down from his GM position, and Ray Shero was hired as his replacement.

“Lou Lamoriello created and defined what it meant to be a New Jersey Devil,” Devils owner Josh Harris said in a statement. “His brilliance in shaping this franchise into one of the most storied and celebrated organizations in sport will make him a New Jersey Devil for life.”

“I have been fortunate to have worked for Josh Harris and David Blitzer for the past two years,” Lamoriello said. “In addition, the organization afforded me the opportunity to work for two other individuals that greatly impacted my life, Dr. John J. McMullen and George Steinbrenner. I have worked with Hall-of-Fame coaches, and players and a great staff, all of whom contributed to our success. In the end, it’s about the people which makes this decision so difficult.”


Zacha’s agent confident a deal will be reached with Devils

The agent for Pavel Zacha remains confident he’ll reach a deal with the Devils before the August 15 deadline, Tom Gulitti of Fire & Ice reports (July 22).

The Devils drafted Zacha, a center, with the No. 6 pick in this year’s NHL Draft.

“We’ve been involved in negotiations since the draft and trying to get a deal done,” Zacha’s agent, Patrik Stefan, said. “There is optimism right now and, hopefully, we can get something done and Pavel can be at (training) camp and, hopefully, have chance to play for the New Jersey Devils next year.”

If Zacha does not agree to a deal with the Devils before the deadline, he will not be eligible to play in the NHL until the 2015-16 season.

Zacha, 18, had 16 goals and 18 assists in 37 games this season for the Ontario Hockey League’s Sarnia.


Devils re-sign forward Stefan Matteau to a two-year deal

The Devils have re-signed forward Stefan Matteau to a two-year contract. The deal is worth a $612,500 annual salary (Devils, July 17).

Matteau, 21, appeared in seven games last season with the Devils and scored one goal.

In 61 games played with the Devils AHL affiliate in Albany, Matteau scored 12 goals and recorded 15 assists.


GEICO SportsNite: Devils development camp

Kerith Burke speaks with Devils prospect Anthony Brodeur about the 2015 development camp and the opportunity to show off his skills.

Mar 17, 2015; Newark, NJ, USA;  New Jersey Devils defenseman Eric Gelinas (22) brings the puck up ice during the second period against the Pittsburgh Penguins at the Prudential Center. Mandatory Credit: Jim O'Connor-USA TODAY Sports

Devlis, Gelinas agree to two-year deal

The Devils and defenseman Eric Gelinas have agreed to a new two-year deal, avoiding arbitration, according to multiple reports (July 14).

The deal is worth $3.15 million, with Gelinas getting paid $1.5 million in 2015-16 and $1.65 million for 2016-17.

Gelinas notched 19 points and a minus-2 rating over 61 games played last season.

In 122 NHL games, the 24-year-old has 48 total points.